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Tesla stock rose to start a new week of trading. A couple of things were helping and both are about the same thing: Self-driving cars.Shares of the electric vehicle maker were up 1.7% in Monday's premarket at $350.98 each, while S&P 500 and Dow Jones Industrial Average futures were both slightly in the red.For starters, there is Wall Street. On Sunday, Stifel analyst Stephen Gengaro raised his Tesla stock price target to $411 from $287. He kept his Buy rating."We believe buying Tesla shares requires vision and patience, and the willingness to accept volatility," wrote Gengaro. He isn't wrong. Tesla stock is notoriously volatile. Coming into Monday trading, shares were up about 37% since the Nov. 5 election, accounting for almost all of the year-to-date gains.He rates shares Buy and has a $400 price target for the stock. That's now the second-highest price target for Tesla stock, according to FactSet.Eventually, Tesla bulls would like Tesla stock to push past its current record closing

Tesla stock rose to start a new week of trading. A couple of things were helping and both are about the same thing: Self-driving cars.Shares of the electric vehicle maker were up 1.7% in Monday's premarket at $350.98 each, while S&P 500 and Dow Jones Industrial Average futures were both slightly in the red.For starters, there is Wall Street. On Sunday, Stifel analyst Stephen Gengaro raised his Tesla stock price target to $411 from $287. He kept his Buy rating."We believe buying Tesla shares requires vision and patience, and the willingness to accept volatility," wrote Gengaro. He isn't wrong. Tesla stock is notoriously volatile. Coming into Monday trading, shares were up about 37% since the Nov. 5 election, accounting for almost all of the year-to-date gains.He rates shares Buy and has a $400 price target for the stock. That's now the second-highest price target for Tesla stock, according to FactSet.Eventually, Tesla bulls would like Tesla stock to push past its current record closing